RueOne Investments Appoints Robert Wages to Board of Directors
RueOne Investments, LLC (RueOne), the alternative asset manager that offers institutional asset owners and family offices direct investment opportunities on a deal by deal basis, today announced that Robert Wages has been appointed to RueOne’s Board of Directors. Wages, who is currently Managing Director of Gazelle Capital Advisors, a consulting firm that advises family investment offices, will also serve on the Board’s Investment Committee. Wages’ distinguished career in finance has included more than 20 years of experience sourcing, executing and managing institutional direct private equity investments across the US, Europe, Middle East and Asia.
Wages brings a significant and broad base of institutional expertise structuring and executing private equity transactions. He has led private equity investments, fund investments and co-investments ranging in size from $5 million to $250 million across multiple geographic regions and a wide range of industry sectors.
“Robert brings a unique institutional perspective informed by his experience working across multiple geographies in a number of capacities including as a general partner, limited liability partner and trader on the secondary market,” said RueOne Founder and CEO Jeff Baehr. “Robert’s quantitative background and experience measuring performance and risk will augment RueOne’s investment and curation process and will help us source the highest quality direct investment deals for investors.”
“RueOne provides an innovative solution for today’s investors who increasingly want to access direct deals in alternatives but who can’t because of inflexible fund and fee structures and the challenges of sourcing good direct deals themselves,” said Wages. “RueOne solves these problems, bringing together compelling direct investment opportunities that you can’t find anywhere else. Deals are sourced from RueOne’s vast proprietary network of asset managers and deal sponsors with domain expertise. Further, RueOne’s investor-friendly approach provides greater transparency in terms of fees and investment analysis, sharing all of their findings from their own diligence process on each manager and transaction. This is an exciting market entrant into alternatives at the right time, and I’m excited to work with their impressive team.”
Last month, RueOne launched its alternative asset management business, providing institutional investors, family offices and other qualified investors with à la carte access to proprietary direct investment opportunities on a deal by deal basis through its institutional quality online platform. RueOne provides a new and timely way for today’s investors to access institutional quality transactions, such as a private equity deal or piece of mezzanine debt, rather than commingled funds. RueOne offers compelling, curated deals sourced from its global network and managed by top investment talent.
Current offerings include a multi-family property investment and an acquisition of Select Service Hotels. RueOne will continue to add additional deals on a monthly basis.
Prior to forming Gazelle Capital Advisors, Wages was the Head of Private Equity and an Investment Committee Member for Emirates International Investment Company (EIIC), a private family office in Abu Dhabi, UAE. In this role, Wages originated and executed private equity transactions, as well as oversaw the group’s extensive private equity portfolio comprised of direct investments, co-investments and fund investments, across emerging and developed markets. Previously, Wages was the Executive Director of Private Equity for the Abu Dhabi Investment Company (InvestAD), where he executed leveraged buy-outs in the MENA region and oversaw the firm’s international private equity fund portfolio. Before that, Wages spent 17 years at Castle Harlan, Inc., a New York based middle market buyout firm, where he most recently served as Managing Director and was involved in all aspects of investment acquisitions, divestitures, financings and portfolio company oversight. Wages received his Master of Science in Computational Finance and Risk Management from the University of Washington and his Bachelor’s Degree in Chemistry from Princeton University. He holds the Chartered Financial Analyst (CFA), Chartered Alternative Investment Management (CAIA), and Financial Risk Manager (FRM) designations.